Are you lost when it comes to understanding travel data and how it can support your travel program decisions and policies?
Let us simplify this for you, and enhance your enjoyment of managing your company’s business travel expenditure.
Having access to accurate and meaningful data is critical to the success of your travel program.
Even the smallest company’s travel spend is important to provide details of travel volumes, who traveled where for which reasons, on which dates, for how long. Analysis of this data enables monitoring trends, travel behaviour and supplier spend which all in turn, impact your travel program and expenditure. Decision-makers can use the data to make fact-based changes to the travel policy and improve duty of care obligations.
All travel companies should, at a minimum, be able to provide statistics to their clients on the following:
- who is travelling
- where to
- reasons for travel
- Order numbers
- value of spend for each industry sector / segment
- breakdown of net vs gross expenditure and taxes
- days advance for booking requests
- which consultant / booker did the booking